GSIC postponed the release of its 2005 third quarter results because the company’s internal auditor and controller in August 2005 found potential discrepancies amounting to approximately $283,000 that were recorded as part of the company's Q4 2004 re
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Russell Corp. Feels Hurricane Hurt; Not as Bad as Anticipated…
After issuing warnings earlier this month that reduced the lower range of EPS guidance by two cents, excluding the anticipated 16 cents to 20 cents negative affect of recent hurricanes, the market was braced for the worse from Russell Corp. As it turned
Aldila Q3 Biggest in Decade…
Aldila continues to see its branding initiatives pay off in the golf market, and the company’s vertically integrated carbon fiber facility is also helping the manufacturer boost sales of carbon pre-preg to other sporting goods manufacturers who use the “b
Recall: Delta Cycle Folding Racks…
Delta Cycle Corp., in cooperation with The U.S. Consumer Product Safety Commission, has announced a voluntary recall of about 3,500 Picasso Two-Bike Folding Racks. Based on the recall, the bike rack does not have sufficient hardware to support its weight
Thule Appoints Trailer Division President
Thule has announced the appointment of Tim Ryan as the president of Thule Trailers Inc. Ryan comes to Thule from Trelleborg Wheel Systems Americas Inc., where he most recently held the position of president of the Swedish company's US division. Thul
Ryders Hires Kabbash as Design Consultant
Ryders Eyewear appointed Tom Kabbash as a Product Design and Innovation Consultant. Kabbash returns to Ryders Eyewear after working as the Product Development Manager
for the Thor MX Division of the LeMans Corporation. He will be based in San Diego, Cali
On the Horizon Hires Jordan Schultz
On the Horizon Communications hired Jordan Schultz as an account manager. In her position, Shultz will interact with media and clients on numerous accounts…
Arbor Snowboards Adds Sales Rep
Arbor Snowboards added New Hampshire native, Chris Battis, to its sales rep team. Chris will be responsible for generating sales in New England for Arbor's snowboards, skates, and apparel. Battis' experiences with a variety of companies in the i
Pittards Sells Kinghorn Factory
Pittards completed the sale of its former factory site at Kinghorn, Fife, for a price of £3.15 million ($6.6 mm). Conditional contracts were exchanged in December 2004 with completion conditional upon receipt of an outline planning consent satisfactory t
Russell Corp. Q3 Net Falls 41.5%; Sporting Goods Sales Up on Acquisitions
Russell Corporation reported that fiscal third quarter 2005 earnings fell 41.5% to $15.8 million, or 47 cents per diluted share, comapared to $26.9 million, or 82 cents per diluted share, in the year-ago period. Sales for the quarter were $424.6 million
Big Agnes Hires Hundley for South Central Sales
Big Agnes added Clay Hundley to its team of sales representatives. Hundley will tackle Big Agnes’ South Central territory, which includes Texas, Louisiana, Arkansas, Oklahoma and Kansas…
Goody’s to be Acquired for $9.60 Per Share
After entering into an agreement with an affiliate of Sun Capital to be acquired for $8.00 per share, it appears that Goody's Family Clothing has chosen a different part as the company, along with GMM Capital LLC, and Prentice Capital Management, LP,
Nike Opens Fourth Oregon Outlet Store
Nike has opened its fourth Nike Factory Store in Oregon at the Woodburn Company Stores. The 15,000 store on Arney Road in Woodburn is Nike’s 78th factory store in the U.S. Nike’s other Factory Stores in Oregon are located in Portland, Bend, and Seaside.
Cabela’s Posts 12% Q3 Sales Increase to Record Level
Cabela's Incorporated reported total revenue for the third quarter ended October 1, 2005 increased 12.0% to a record $429.8 million compared to $383.8 million for the same period last year. Third quarter net income was $16.3 million, or 25 cents per
Ugg Sales Keep Deckers Q3 Positive; Cuts Guidance
Deckers Outdoor Corporation third quarter, net sales increased 24.0% to $69.2 million compared to $55.8 million in the same period last year. Net earnings for the quarter increased 40.0% to $8.2 million or 63 cents per diluted share, compared to net earni
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